> If goods are taxed more businesses raise their prices. Businesses aren't being taxed. Consumers are.
This is entirely dependent on which part of the supply chain has the fiercest competition. Sometimes consumers get the economic profit and pay cost (commodities) and sometimes the producers do (monopolies, who already charge what the market will bear)
This is entirely dependent on which part of the supply chain has the fiercest competition. Sometimes consumers get the economic profit and pay cost (commodities) and sometimes the producers do (monopolies, who already charge what the market will bear)